Japan February naphtha output grows 5.6% year on year

TOKYO (ICIS)--Japan’s naphtha production in February increased by 5.6% year on year to 1.74m kilolitres, data from the country’s Ministry of Economy, Trade and Industry (METI) showed on Tuesday.

Its imports of naphtha decreased by 9.3% to 1.91m kilolitres in February, while exports plummeted by 49% to 6,844 kilolitres, based on official data.

Domestic sales of naphtha totalled 3.55m kilolitres in February, unchanged from the same period last year, according to METI.

Japan’s crude oil output, meanwhile, declined by 16% year on year to 64,412 kilolitres for the month, the data showed.

Its crude oil imports in February likewise fell to 15.9m kilolitres, down by 11% year on year.

The country’s jet oil production, on the other hand, declined by 1.7% to 726,752 kilolitres in February, with exports plummeting 31% to 369,037 kilolitres, while domestic sales stood at 249,450 kilolitres, down by 13%, based on the statistics.